An Online & Distance MCOM in financial management is a master's degree program efficiently designed by professionals to provide advanced knowledge and skills related to finance and accounting delivered through online mode of education. It is a flexible and convenient education program suitable for both remote learners and working professionals as it allows them to access learning material anytime 24*7 available learning management systems. An Online/Distance MCOM in financial management provides industry-relevant skills through an updated curriculum that support individuals to understand and practice financial principles without constraints of the traditional education process.
Online and Distance MCOM in financial management is a valuable master’s degree if acquired from a UGC affiliated and NAAC accredited college or university. Several top-rated universities offer an Online/Distance MCOM in financial management leading better professional development by providing knowledge related to latest industrial trends, enhanced career prospects through career-specific development and improved decision-making skills.
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An Online/Distance MCOM in financial management is a highly flexible and convenient education program suitable for both students and working professionals. It is an accessible education program that eliminates the need of attending classes physically and commuting expenses.
Course Name | Online MCOM in Financial Management |
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Course Duration | 2 Years |
Course Level | Post-Graduation |
Mode of Education | Online |
Eligibility Criteria | The bachelor's degree from a recognized university |
Admission Process | Online |
Semester Wise Subjects Details |
Semester I
Semester II
Semester III
Semester IV
|
Online MCOM in FM Programme Fee Range | ₹ 20,000 - ₹ 1.2 Lakh |
Starting Salary Range | ₹ 3.6 LPA - ₹ 9 LPA |
After completing a Bachelor's degree course preferably in the commerce field (however a degree from another relevant field is also acceptable). Students should have a minimum of 40% aggregate marks during bachelor degree program. It is essential to acquire the Bachelor’s Degree from a well recognised University by UGC and NAAC to ensure its credibility and acceptability among Global employers.
The commonly acceptable entrance exams for an Online & Distance MCOM in financial management program are CUET PG, DUET, BHU PET or a University specific entrance exam. However, an entrance exam is not always required for Online/Distance education programs. Several Universities offering Online & Distance MCOM in Financial Management usually provide direct admissions or merit-based admissions.
Popular colleges of Online/Distance MCOM in Financial Management that offer well recognised and credible degrees to pursue careers across the borders among Global recruiters are Indira Gandhi National Open University, Manipal University Jaipur, Amity University, Chandigarh University, Sikkim Manipal University, Integral University etc.
After completing an Online & Distance MCOM in financial management individuals can pursue a broad range of jobs like financial analyst, financial manager, tax consultant, investment banker, finance manager, auditor, banking professional, corporate Treasure, entrepreneur, equity research analyst, relationship manager, corporate secretary and more in sectors like banking and financial services, insurance and banking, education, consultation, accounting & auditing and government department.
The salary of an Online & Distance MCOM in Financial Management graduate ranges from ₹ 3 to 10 lakh per annum for entry level positions. With growing skills and experience in the field individuals can achieve higher earning potential.
Job Profiles | Job Description (Responsibility) | Average Salary |
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Financial Analyst | Analyze financial data, forecast trends, prepare reports, and advise on investment decisions. | ₹4,00,000 – ₹7,00,000 |
Investment Banker | Manage large financial transactions, raise capital, and offer advisory services to clients. | ₹6,00,000 – ₹12,00,000 |
Accounts Manager | Oversee accounting operations, ensure compliance, and manage client financial portfolios. | ₹5,00,000 – ₹8,00,000 |
Risk Manager | Identify financial risks, develop risk mitigation strategies, and ensure compliance with regulations. | ₹6,50,000 – ₹10,00,000 |
Finance Executive | Handle day-to-day financial operations including budgeting, invoicing, and cash flow management. | ₹3,50,000 – ₹6,00,000 |
Top Recruiters |
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Deloitte |
KPMG |
Ernst & Young (EY) |
PricewaterhouseCoopers (PwC) |
HDFC Bank |
ICICI Bank |
TCS |
Infosys |
Amazon |
The admission process of an Online & Distance MCOM in Financial Management programs include an online registration process that requires individuals to complete the application form available on the website of University, uploading necessary documents, providing personal details, paying application fee, waiting for confirmation, paying program fee and getting enrolled. After seat confirmation students get the credentials of the learning management system to access learning material and start learning.
Neev Education plays an important role throughout the admission and enrollment process of students in an Online and Distance education program. Neev education offers support services among Online students to help them select suitable programs and colleges. The organisation also provides career counselling and guidance among online students to help them develop knowledge and skills accordingly. Neev ensure successful enrollment of students in an Online/Distance MCOM in Financial management by notifying the admission dates and tracking the seat confirmation.
Login to the admission portal by using your credentials shared on registered email id or you can directly login by entering an OTP received on the registered mobile number.
The next step is filling out all the details in the application form such as personal details, educational qualification and other details as required by the University.
Upload all the scanned documents, including high school, intermediate, and Graduation Mark sheets along with the Aadhar card and ABC (Academic Bank Credits) ID.
To finish the application, submit the academic fees online through debit, credit card, Net banking, UPI or you may also opt for a finance option. Interest-free Loan options are also available in which you can pay your fees in easy EMIs.
The University will then verify your documents and send you a confirmation mail regarding your admission, along with the login credentials to access your learning management system (LMS).
The placements are done through different approaches in Online/Distance and common Financial Management programs by respective Universities depending on their educational and career service policies. The placements are generally done through virtual placement drives, virtual career fairs, access job portals, support from strong industry connections and industry Mentors, skill-based hiring, soft skill training and remote internships.
Placements for Online MCOM in FM | |
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Colleges | Average Package |
Manipal University Jaipur | ₹ 4–7 LPA |
Amity University | ₹ 3.6–7.2 LPA |
Sikkim Manipal University | ₹ 3.5–6.5 LPA |
Lovely Professional University | ₹ 3.8–7.5 LPA |
Financial management in MCOM is a master degree education program that focuses on concepts and principles of finance as a specialised subject.
The duration of an online M. Com in financial management program is 2 years in most of the colleges such as Amity University, Manipal University, Lovely Professional University and IGNOU.
Several career opportunities are available after completing an online and distance M. Com in financial management such as a financial analysis, tax consultation, financial management, investment banking and entrepreneurship.
Individuals interested in careers related to finance and have a bachelor's degree with a minimum of 40% marks should pursue online & distance M. Com in financial management.
The cost of an Online/Distance M. Com in financial management programs generally ranges from Rs 40000 to 1.5 lakh for the entire course. Some colleges may also offer scholarships and other financial aid for the program.
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